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YES BANK GOLD LOAN 

About Yes Bank Gold Loan :

YES Bank is a full service commercial bank that offers corporate banking, investment banking and personal banking services across India. It is an Indian private sector bank headquartered in Mumbai, India and was founded by Rana Kapoor and Ashok Kapoor in 2004. It offers a wide range of banking and financial products for corporate and retail customers through retail banking and asset management services.

Yes Bank is one of the most renowned banks in India. It offers a low rate of interest and quick disbursal with minimal Documentation. Idle Gold in your safe will not give you anything, but Yes Bank Gold Loan will provide you with a chance of fulfilling your dreams. Yes Bank provides Gold Loan at a low interest rate. The process of taking a Gold Loan is speedy and secure.

Gold Loan is a loan against Gold. Gold is treated as a security. After proper verification of Documents and Gold, the Loan amount is disbursed. It requires minimal Documentation. 

Benefits of YES Bank Gold Loan :

  • The minimum amount of loan provided is Rs.25, 000 and one can avail loans of higher amounts for a maximum of Rs.50 lakhs.

  • Flexible repayment option according to customers choice 

  • The loan sanction and disbursal process is fast and simple. The documents required are simple in nature and after submitting the necessary documents, the loan is issued instantly

  • Loans are also available for short-term needs of individuals where the tenure is for a short period of time

  • Available against 18 karats to 22 karats gold ornaments 

  • Safety: Gold safe under utmost security 

  • No guarantor / collateral are required.

Interest Rate & Fee & Charges of YES Bank Gold Loan :

TYPE 

CHARGES

Loan Processing Fees

0.50% f the loan amount

Interest rate 

11.25% to 16.25% per annum

Valuation Fee

NIL

Gold Deposit Charges

NIL

Charges for late payment of loan amount

Rate of Interest + 2% per annum for overdue days

Stamp Duty & other Statutory Charges

At Actuals

Credit Assessment Charges

NIL

Non-standard Repayment Charges

NIL

Loan Foreclosure Charges

No charges if the loan is foreclosed 3 months after the disbursement of the loan else 0.5%

Cheque Swapping Charges

NIL

Loan cancellation / rebooking charges

NIL

Renewal Processing Fees

NIL

Late Renewal Processing Fees

NIL

Prepayment/Part payment charges

NIL

Documents Required for YES Bank Gold Loan :

1. Signed application form 

2. 2 passport size photographs

3. ID proof : Aadhar card, PAN card, Voter id, passport

4. Address proof : Aadhar card, Voter id, Passport, Utility bills

5. Post disbursement documents (If any)

Eligibility Criteria for Yes Bank Gold Loan :

Basic eligibility required for an individual for applying for gold loan :

1. The loan is issued to individuals who are Resident Indians

2. The age of the individual should be between 18 years to a maximum of 65 years

3. The minimum purity of gold is 18 karats and maximum purity is 24 karats for getting the gold loan

4. Applicants must also prove their income is sufficient to repay the loan.

Check other Bank Gold Loan Interest Rates :

BANKS

Interest Rate

AXIS Bank Gold Loan

14.50% to 17%

HDFC Bank Gold loan

11% to 16%

Kotak Mahindra Bank Gold Loan

10.50% to 17%

Yes Bank Gold Loan

11.25% to 16.25%

ICICI Bank Gold Loan

10.00% to 19.76%

RBL Bank Gold Loan

Starting at 10.75%

IndusInd Bank Gold Loan

10.50% to 16.00%

Canara Bank Gold Loan

Starting at 13%

Punjab National Bank Gold Loan

10.05% to 11.05%

Other products of YES Bank :

1. YES Bank Car Loan 

2. YES Bank Business Loan 

3. YES Bank Home Loan 

4. YES Bank Loan Against Property

How to apply for YES Bank Gold Loan :

1. Offline Method : By visiting the nearest bank branch.

2. Online Method :

  • First of all visit to Yes bank web portal

  • Now  click on “personal section”

  • In “explore products” got to retails

  • Now click on “Loans”

  • Now go to “Gold Loan” 

  • Fill the application form and submit it

How to contact with YES Bank Gold Loan :

1. By customer care contact number : 18001200 toll free number 

2. By customer care email id : yestouch@yesbank.in

Financials products offered by Bank :

BUSINESS LOAN

 

CAR LOAN

COMMERCIAL LOAN

EDUCATION LOAN

GOLD LOAN

HOLIDAY LOAN

HOME LOAN

LOAN AGAINST PROPERTIES

LOAN AGAINST SECURITIES

PERSONAL LOAN

PROFESSIONAL LOAN

TWO WHEELER LOAN

YES Bank Gold Loan Frequently Asked Questions :

1. What is the minimum and maximum loan amount provided by YES Bank for gold loan?

The minimum loan amount is Rs.25000 and maximum loan amount is Rs.50 lakh provided by YES Bank for gold loan.

2. How to pay Yes Bank Gold Loan online?

You can pay your Gold Loan online by visiting the Transaction Zone on Yes Bank’s website where you can pay from your bank account directly.

3. How to apply for Gold Loan in Yes Bank?

Applying for a Gold Loan is a simple process. All you need is your gold along with some basic documents, and you can quickly get a loan by visiting the nearest branch. You can also apply online digital portal and compare the gold loan options of different banks and financing companies and apply for the same.

4. How much interest rate is provided by YES Bank for gold loan?

The minimum interest rate is 11.25% and maximum interest rate is 16.25% provided by YES Bank for gold loan.

5. Is age an important factor to get a gold loan from YES Bank?

Yes, age is an important factor to get a gold loan from YES Bank. The minimum age of the customer is 18 years and maximum age of the customer is 65 years.

6. How to contact YES Bank?

You can contact through customer care number and customer care email id for YES Bank.

7. What is the processing fee charged in Yes bank for gold loan?

The processing fee charged in YES Bank for gold loan is 0.50% of the loan amount.

Last Updated on : 08/Dec/2020

Know More About

Yes Bank Gold Loan

You're eligible for a Yes Bank Gold Loan if you:


Are legally adult enough to handle it


Have still got it


Get a regular pay check


Make more than a basic buck

Your eligibility depends on:


Earn more than minimum income required


Maximum allowed Gold Loans is Rs. 10K to Rs. 45 lakhs


EMIs of other loans loweryour eligibility

Boost your eligibility by:


Pay off your credit card bills


Choose longer tenure loan up to 5 years

Nothing gets done without that paperwork (which we'll happily carry over to the bank for you, no sweat). Here's what you'll need:

  • 1. Photo ID and age proof
  • 2. Signed application form with photograph
  • 3. Residence proof
  • 4. Last 6 months bank statement
  • 5. Documentation for salaried applicants:
    • Last 3 months salary - slips
    • Form 16 or Income Tax Returns
  • 6. Documentation for self-employed applicants:
    • Last 3 years Income Tax Returns with computation of Income
    • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

Yes Bank Gold Loan Interest Rates

Updated on 25 Nov 2017

Yes Bank Gold Loan Details
Interest Rate (Monthly reducing balance) 11.25% - 16.25%
Processing Fees 0.50% of loan amount
Loan Tenure 3 year to years
Pre-closure Charges Varies with bank
Guarantor Requirement Varies with bank

Gold Loans EMI Calculator

Loan Amount

|
1L
|
50L
|
100L
|
150L
|
2Cr

Interest Rate

%
|
5
|
10
|
12.5
|
17.5

Loan Tenure

|
1
|
10
|
20
|
25
|
0
|
120
|
240
|
300


Your Monthly Loan EMI


₹24,959